
Doing business outside your home state or country can be a challenge, as well as an overwhelming experience. Texas has an extremely favorable small business environment, reasonable real estate prices, and a thriving economy–and no personal state income tax. Its business franchise tax rate is relatively low, with a healthy threshold minimum. As a result, Texas is an excellent place to live and do business. (For more information on doing business in Texas, see this link from the State of Texas.)
Whether you’re considering a move to Texas or investing in a Texas company or property, having representation “on the ground” is essential; if the project is to direct a client in locating, vetting, or hiring professionals, locate or purchase property or interests, start a business or invest in one, or simply act as agent or representative at important meetings, we can assist what we call a “distanced client” who wants to take advantage of the good things happening here.
Projects where we have assisted distanced clients include:
- Representing a non-US investor in shareholder meetings for a Dallas real estate company
- Assisting a non-Texas family in finding an appropriate location for a move to Houston
- Acting as attorney for a non-US family in a residential real estate purchase in Austin
- Representing and assisting an EB-5 investor in a move to Dallas
- Forming a Texas limited liability company to act as shareholder in a Texas limited partnership for a distanced non-US client
- Forming a Texas limited partnership and general partner for an investment fund for a Texas project for a distanced non-Texas client
Contact us for more information on distanced client representation at info@basdenlaw.com.